Okta
Okta is a privately owned company headquartered in the US. Founded in 2009, it employs approximately 7,650 individuals. The company functions as a digital identity provider, leveraging its Okta Identity Cloud platform to enable organizations to securely connect their personnel to various technologies.

Revenue

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Founded

2009

Headcount

7,408

Headquarters

United States

Primary Segment

Software Development

Ownership

Privately Owned

Deployments

1

News Summary:

Okta Inc. saw its share price climb to a new four-year high on August 28, 2026, following a strong earnings performance for its second quarter of fiscal year 2027, which the company noted showed returns from the artificial intelligence industry. This rise occurred after Okta stock surged nearly 29% on August 27, when its second-quarter results topped Wall Street estimates, driven by demand for AI security. On August 27, Okta released its quarterly 10-Q filing, detailing a total revenue of $805 million for the quarter ended July 31, 2026. This marked a 10.6% increase from the $728 million reported in the same period last year. The identity management provider also announced better-than-expected guidance for the next quarter's revenue, projecting $815 million at the midpoint, which was 0.9% above analysts' estimates.

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Okta offers products in the enterprise tech industry. Okta's product portfolio comprises of enterprise and telecoms software.
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Aug
31st
2026
08:19
New Offerings, Financial Results, B2B Tag, Financial Performance, New Offerings
Okta (OKTA) Q2 2027 Earnings Call Transcript
Okta's Q2 2027 earnings call highlights include total revenue of $805 million, growing 11% year over year, driven by strength in core workforce and customer identity platforms. Subscription revenue was $793 million, representing 12% growth. RPO grew 17% year over year, and cRPO grew 14% compared to the second quarter of fiscal 2026. Non-GAAP operating income was $226 million, yielding a 28% margin. Free cash flow was $227 million, representing a 28% margin. The company completed the acquisition of Permiso to integrate behavioral detection and real-time agent controls into its security fabric. Okta for AI Agents wins include dozens of contracts secured in the quarter, including multiple million-dollar deals. The company's Q3 revenue guidance is $813 million to $817 million, representing a 10% growth rate. Q3 cRPO guidance is $2.59 billion to $2.60 billion, projecting growth of 11% to 12% for the upcoming quarter. Full-year revenue guidance is $3.216 billion to $3.226 billion, reflecting durable core business momentum. Full-year operating margin guidance is 26%, and full-year FCF margin guidance is 28% to 29%.
AOL
Aug
31st
2026
08:19
Financial Results, New Offerings, Artificial Intelligence, B2B Tag, Financial Performance, New Offerings
Okta (OKTA) Q2 2027 Earnings Call Transcript
Okta's Q2 financial performance was driven by broad-based strength across its core identity platforms, with high sales productivity and execution within large enterprise accounts driving contract value acceleration. The company completed the acquisition of Permiso to integrate behavioral detection and real-time agent controls into its security fabric. Management noted that strategic efforts to shift professional services to partners and eliminate outstanding convertible debt highlighted the focus on long-term operational discipline. Okta's core business and growing portfolio of new products provide the foundation to extend its leadership in identity security, with the company well-positioned to deliver profitable growth for years to come.
Mitrade
Aug
31st
2026
06:30
Aug
31st
2026
06:30
Financial Results, Financial Performance
Okta (OKTA) Q2 2027 Earnings Call Transcript
Okta's Q2 2027 earnings call highlights strong financial performance, with total revenue growing 11% year-over-year and subscription revenue growing 12%. The company's core workforce and customer identity platforms drove the growth, with large enterprises and partner engagement contributing to the success. Okta's AI security offerings, including Okta for AI Agents, are gaining traction, with dozens of deals secured in the quarter. The company's acquisition of Permiso, a cloud-native identity security platform, is expected to enhance its AI security offerings. Okta's guidance for Q3 and FY 2027 reflects a strong core business and growing momentum in AI security. The company's balance sheet remains healthy, with $2.3 billion in cash and short-term investments. Okta's management team is optimistic about the company's future prospects, citing the durability of its core business and the potential for AI security to drive growth in the coming years.
The Motley Fool
Aug
30th
2026
19:39
Aug
30th
2026
09:11
Aug
29th
2026
10:44
Aug
29th
2026
06:30
Aug
29th
2026
06:30
Aug
29th
2026
01:15
Aug
29th
2026
01:11
Aug
28th
2026
21:47
Okta has customers like A+E Global Media. Okta has commercial and technical partners like Fastly and Ortana Media Group.

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